HERE vs JD
Here Group Ltd. and JD.com, Inc., side by side — 5 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | HERE | JD |
|---|---|---|
| Revenue | CNY 2.7B | CNY 1.3T |
| Net income | CNY 358.7M | CNY 23.1B |
| Gross margin | 81.5% | 16.0% |
| Net margin | 13.1% | 1.8% |
| Return on equity | 54.1% | · |
| Diluted EPS | CNY 2.17 | CNY 6.45 |
| Dividend / share | · | · |
| Payout ratio | 21.8% | · |
| Free cash flow | CNY 180.8M | CNY 11.2B |
| Equity | CNY 809.0M | CNY 225.0B |
| Net debt / equity | −1.01× | −0.41× |
| Current ratio | 2.14× | 1.22× |
| Revenue CAGR 5y | · | 11.9% |
| Profit CAGR 5y | · | −14.1% |
JD bills 480.3× the revenue of HERE, and HERE keeps more of each dollar of revenue as profit (13.1% against 1.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | HERE | JD |
|---|---|---|
| FY2024 | CNY 2.7B | CNY 1.2T |
| FY2023 | CNY 3.8B | CNY 1.1T |
| FY2022 | CNY 3.1B | CNY 1.0T |
| FY2021 | CNY 2.9B | CNY 951.6B |
| FY2020 | CNY 1.8B | CNY 745.8B |
Bottom line
| Fiscal year | HERE | JD |
|---|---|---|
| FY2024 | CNY 358.7M | CNY 44.7B |
| FY2023 | CNY 385.5M | CNY 23.3B |
| FY2022 | CNY -108.5M | CNY 9.7B |
| FY2021 | CNY -233.4M | CNY -4.5B |
| FY2020 | CNY -316.0M | CNY 49.3B |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2024 | −CNY 1,156,093,408,000 | JD |
| FY2023 | −CNY 1,080,866,669,000 | JD |
| FY2022 | −CNY 1,043,154,619,000 | JD |
| FY2021 | −CNY 948,724,026,000 | JD |
| FY2020 | −CNY 744,042,060,000 | JD |
JD has reported the higher revenue in every one of these 5 fiscal years. The gap has widened since the earliest year compared.
5 of 14 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HERE's net margin has been more volatile than JD's over the 3 comparable fiscal years — 14.0 percentage points of standard deviation against 1.8.
3 of 14 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HERE and JD over these 3 fiscal years — HERE led in 2 and JD in 1.
3 of 14 comparable fiscal years — a year missing data on either side is not counted.